Btc_usd
BTC/USD Bull Market PredictionBased on the chart history of BTC, the initial flash crash of 30% - 40% indicates a more than likely bear market. If so, BTC should bounce off the next support range and retrace to the .5 - .702 fib. After the retrace we should expect an 80% - 90% crash during the bear market. This similar structure can be seen in the past and I am strictly copying the historical data. This should be expected until new events and data prove otherwise. This bull run has been similar to the past bull runs.
Bitcoin day update - After broken Risk zoneHello trading friends,
Bitcoin did break down the risk zone and did break down on more reasons as the stockmarkets price action includes the rejections of SEC. know that more things could become unexpected as the market can handle more trends.
There was before 2 option or the trend would break out to 45400, or we will get a rejection on the risk zone - and the second did happen because of the last trends.
Even with this market breakdown trend market are at main trend still positive.
we have seen this trend more times in Bitcoin, and now it's important that we can find a confirmation trend on the 39K+
The above trends mean not for day traders, it's about the long-term hold.
Trend:
we are into a breakdown trend
Data
There is still a high chance for a new increase trend, as the month JAN still not close.
it's important to follow the trend until 14-02-2022 to get a better price action expecting for the long term
Most waiting for the 28K trend - know the same time the whales know that also, and there could be a price action before that trend, the volume on that trend is also high.
for some, this point could be a price action to buy the dip trend.
we are now below 43400, and we will check the market coming time.
Have a good weekend.
# this is not a trading call - manage your risk well - and know when to take profits/losses.
Bottom coming soon?BTC is coming up on the 5th wave of this downturn. I expect at least a bounce to the .236 fib or possibly .382, if it can get some momentum. That may come off of a double bottom that is coming shortly. Then it may finally resume upwards. If it just continues downwards, I'll sit on my hands for another couple days. Man I am so sick of BTC moving in one direction. I believe once it can catch some momentum back up, we will see a strong movement in a positive direction. Nothing to fear here, just discount buys for all.
BTC, BITCOIN, DAILY TRADE#BTC has shown a tight correlation with the fall of the stock market this week. On the charts all timeframes look oversold with bullish divergence on the daily chart. This will only be a relief rally. Unless large volume comes in we are still likely to see $30k in the coming days.
Probability of BTC BottomIn the Given Chart, we have a long term trendline coming all the from 26 June 2019 Top which played Nicely in 20 December 2020 and played well in the May June 2021 Dip to the current potential bottom.
Then we have a trend line from 25 April 2021 Bottom to the 21 September bottom and continued to the current potential Bottom.
Then we Geometrical Patter which is modified schiff, values from 64k down to 28k to 69k creating the potential bottom range aligned with 2 trendlines defined above.
Then we have a parallel channel or regression trend drawn from top values 64k and 69k stretched down to 28k level which comes out also aligned with above mentioned 3 confluence poionts.
Also we are having cup and handle structure being the current crash as the handle of the cup.
Lastly, we have trend based Fib retracement drawn from 64k down to 28k then to 69k and the 100% retracement value is also in accordance with the above mentioned levels.
Technically and not fundamentally, this could be the bottom of the BTC for the channel top RUN.
NFA, DYOR.
What is BTC telling usThe chart is telling us one thing, and one thing only. There is not a lot holding us back from thundering though to $30K.
Last time we saw a sell-off like this was in late april of last year. A 54% drawback brought us to the $30k level as well. However, the volume was a lot higher back then. Signaling we could be in for a ride.
The only positive is the RSI that is in oversold, but I'm afraid this wont have a very big impact...
Don't overtrade, don't use leverage and stay safe guys
Hook line and sinkerPretty clear Bullish divergence in the Rsi
easy flush for noobs in the market
80-90% chance of triple top with btc ranging 80-110k
btc likely to land between 32-29k with buy-in starting from 34k
Current consolidation zone for 6-7month longs,with alts preparing for permeant price action aka after this bull run alts lowest low atm will never be met again
BTC scenarios from a distance perspective! BTC senaryoları!In this chart, we tried to mention some possibilities according to wave theory! Hope you enjoy and comment your views so we can find a better look if there is. Thanks!
PS: You will have to stretch the chart to see the details since we worked in a wide screen!
Bu grafikte dalga prensibine göre bazı senaryoları değerlendirdik. Umarız ki fikirden hoşlanır ve yorumlarınızı esirgemezsiniz, ki böylece, varsa daha iyi fikirler ortaya çıkarabiliriz. Teşekkürler!
NOT: Geniş ekranda analizlerimizi çalıştığımız için detayları görebilmek adına, grafiği genişletmeniz gerekebilir!
Bitcoin: Confirmation of the downtrend! :) Three entry signals in a downtrend
The trading formula in a downtrend is you must only open SELL orders.
There are 3 extremely important signals to watch out for: (1) Bearish reversal candlestick patterns, (2) The price breaks out of support to form a downtrend, (3) The price retests the levels in a downtrend. I will explain each signal so you can better understand it
Signal 1: Reversal candlestick patterns from bullish to bearish
The price will keep falling in a downtrend. Combined with bearish candlesticks, your trades will be a lot safer.
Buy more more !!!
Accurate enough? BTCUSDT next targetsHey guys.
enjoying the accuracy? This might be a good proof that it's better to be predictive rather than reactive.
This is where BTC/USDT should decide. With a good rebound, there is a chance for $50k reclaim, otherwise next targets would be $28k and $16k should BTCUSDT closes well bellow $38k.
Although it is bloody sad but true, hope you enjoyed this analysis and let me know what you think in comments.
Cheers.
Wen Lambo? ( 3 potential paths for BTC)Hello everyone!
Bitcoin had some pretty hard months since our all-time high (69k) and we might recover very soon!
You can see we just hit the big green trend line and we also got strong support at around 39500, so we are looking pretty Bullish.
Here are 3 potential paths for bitcoin this year.
1. GREEN ARROW - Bitcoin will touch the big green trend line and break the downtrend to the upside, also we got support at 39600, you can see that by the 2 white arrows.
2. PINK ARROW - Bitcoin will go down to our second support (around 38K) And then we will go up.
3. BLUE ARROW - Bitcoin will drop to 28-32K where we got really strong support ( You can see by the 3 Blue arrows) and after that, we will be very bullish and bitcoin will rise (If we will hold the support at around this area).
f you have any feedback about the chart pls feel free to tell me:)
This is my idea only, not financial advice.
Good Luck everyone, I hope we will see the bull run is starting now ;)
Possible bounce coming for BTCI drew overlapping fib speed fans from low to high and another from high to low. It showed BTC following the channels up and down fairly accuratley. We seem to be at a precipus now where it has a chance to bump up in the short term. It could continue downward also. I believe we are on the fifth wave down as well. Which also bodes well for a possible reversal upwards. Onward and upward stay positive. Hit like and share your ideas. I love to hear what others are thinking about BTC future movement!
BTC/USDT We are ready to start the spring wave.I think that we could now expect growth and prepare for an interesting spring.
Now the price is again at a very strong level, the question is when there will be a rebound, probably if we hold a few days Above 42, we will see a beautiful start.🥂
In fact, now is a good time to buy anyway. I love everyone, thank you for liking.💋
BTC / USD (Interval 1D) Rising WedgeI am sharing following points I have regarding current price movement of BTC.
Bearish Scenario
1. BTC broke through the rising wedge and I have marked the target based on rising wedge (NOT saying this would occur but just sharing the target of pattern)
2. We had a death-cross which means we are going towards long-term bearish trend which can last from 1-3 months maybe more.
3. Price is attempting to break $41.5k level so $40.5k level is conquered and once that happens then all hell will break loose.
Bullish Scenario
1. Bulls may allow bears to break $40.5k support to touch $39.5K once again which will create a double bottom which is a bullish pattern and if that plays out then we are looking back at $45K levels
2. Bulls may hold $40.5k level as a fort and buying force returns back and take BTC back to $45k level (Long shot highly unlikely)
3. I don't see any more bullish scenario except some miracle happens and we are back at $50k
Conclusion : Bears are way strong at the moment although I am not a bear nor my analysis is biased, I always look at all aspects on a chart and then come to a conclusion. Fundamentally BTC needs some sort of a catalyst to turn bullish but that too seems less likely because investors seem to be staying on a sidelines and playing it extra cautious.
Turnaround Coming Soon or 39k Rebound?Do you think its about to rebound soon? Or do you think it will make it all the way back down to 39k, before turning around? Check out my last idea where the bottom gann fan line is. We are about to touch the bottom gann fan line. Hence a high probability for turnaround. Please hit like and comment on what you think. I would love to hear any thoughts or ideas. Thanks!!
BTC possible Turnaround PointsI'm expecting a turnaround at about 41,700-41,300. Where the purple lines indicate either a double bottom or inverse head and shoulders. Along with the final bottom Gann fan line. I believe if it does not turn around and the final bottom Gann fan line it will continue on downwards. Towards 39k for a possible double bottom down there. I have hope BTC will have some sort of positive news or a catalyst of some sort in this next week. We're definitely due for another parabolic advance. The problem is it seems to most often happen as we're least expecting it. While just about everyone is looking down. Trade safe, stay positive! Like and comment please. I'd love to hear any ideas on which way things might go! Thanks🙏